This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $56,598 initial cash invested.
0.93%
Cash On Cash
7.25%
Cap Rate
1.15
DSCR
$2,445
Rent
$44
Cashflow
Cash Flow
$2,445 income − $2,401 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,598
Downpayment
20%
$36,760
Closing costs
1%
$1,838
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,445
Total Expenses
$2,401
Mortgage P&I
40%
$968
Property Taxes
18%
$436
Home Insurance
7%
$166
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269